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GOA LEISURE MARKET
Smaller cities power India’s corporate travel surgeCorporate travel in India is increasingly shifting towards smaller cities, with nearly 60% of bookings now originating from or heading to t...- Hotel chains unfazed despite geopolitical shocks, high fuel costsHotel chains in India are reporting double-digit revenue growth in the April–June quarter despite geopolitical tensions, higher fuel costs ...
- Waterways Leisure Tourism announces price band for its IPO opening on June 23Waterways Leisure Tourism, operator of Cordelia Cruises, has set a price band of Rs 769-808 for its Rs 585 crore IPO opening June 23. Proce...
- Holiday home operator Elivaas plans new funding round; targets 1,200 villasElivaas, a holiday home operator, is preparing for its next fundraising round to fuel expansion. The company plans to double its villa coun...
- It's destination India for weddings this seasonIndian hotels are experiencing a significant rise in wedding bookings this year. This growth is driven by a preference for domestic celebra...
- Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...
- Hotel giants bet India’s local travel boom can defy slowdownMajor hotel groups are investing heavily in India. They expect a surge in domestic travel to drive growth. This expansion continues despite...
- Manglam Group’s Pink West clocks ₹300 crore in sales, highlighting demand for premium commercial spacesRajasthan's real estate is booming, with Manglam Group leading the charge with its ambitious commercial project, Pink West. This premium hi...
- Global macro woes take holidayers in different directionIndian travelers are opting for short-haul international trips to Southeast Asia and Australia, or domestic getaways this summer. This shif...
- Indians may be roaming closer to home because of a war far awayIndia Tourism Sector and Iran War: Prime Minister Modi's call to curb foreign travel for a year aims to boost domestic tourism, conserve fo...
- From Paris to Phuket: The new logic guiding Indian summer travelIndian summer travel plans are shifting. Due to Middle East tensions and rising airfares, long-haul trips to Europe and the US are being re...
- Autograph Collection Hotels by Marriott International debuts in IndiaMarriott International sees strong growth in India with many new hotel deals. The company is launching its Autograph Collection brand in In...
- Ventive Hospitality to acquire a 76% stake in Soham Leisure VenturesVentive Hospitality is set to acquire a 76% stake in Soham Leisure Ventures, owner of the Hilton Goa Resort, marking its entry into the Goa...
- Fortune Park Hotels plans to open more leisure properties, reaches 50 hotels mark with new Goa signingThe chain, which caters to the mid market to upscale market segment in business and leisure destinations has reached the 50 hotels mark wit...
- October, November registered 31%, 36% occupancies for hotels: STR DataBengaluru and Pune are two key markets that are yet to witness the level of recovery seen in the other markets. STR said this can be attrib...
- As India gradually opens up, travellers begin to check in for leisure travelAccording to a survey done by ixigo with over 5,000 users in September, 21% of the respondents said that they were travelling for a workati...
- Hotel chains turn to leisure travellersThe likes of commercial real estate major JLL expect the leisure segment to grow faster than commercial in 2018 and chains are revamping st...
- Demonetisation: Travel companies, hoteliers hit as vacationers cancel their holiday plansProperties of Leela Palaces, Hotels and Resorts in Goa and Udaipur have felt a bigger impact of demonetisation.
- New Year 2016: A room costs over Rs 1 lakh per night at hotels like Oberoi, TajIf you want to usher in 2016 at one of the top properties in leisure destinations like Goa and Udaipur and are yet to book a room, be prepa...
- Leisure boating looking up, marina at Goa likely by next yearLeisure boating and coastal cruising look set to gain momentum in the country with two Indian and a British company joining hands to set up...
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